All building bonds shall be exempt from taxation by the state or any of its political subdivisions.
History: Laws 2001, ch. 199, § 11; 2003, ch. 371, § 10.
The 2003 amendment, effective June 20, 2003, substituted "All building bonds" for "All state office building bonds".
Structure 2021 New Mexico Statutes
Article 21C - State Building Bonding
Section 6-21C-1 - Short title.
Section 6-21C-2.1 - Findings and purpose.
Section 6-21C-3 - Definitions.
Section 6-21C-5 - State building bonding fund created; money in the fund pledged.
Section 6-21C-6 - Authority to refund bonds.
Section 6-21C-7 - Building bonds; form; execution.
Section 6-21C-8 - Procedure for sale of building bonds.
Section 6-21C-10 - Suit may be brought to compel performance of officers.